![]() ![]() The law provides homeowners with some important information and protection regarding their payment of assessments.Ĭivil Code Section 5615 requires owners to be individually notified (by mail unless the homeowner has opted otherwise) at least 30 but not more than 60 days prior to the increased assessment becoming due. Many management companies make this a customer service practice, but it is not required. In other words, I am responsible to pay without a bill? Is this true? - J.K., AnaheimĪ: An HOA is not required by law to send out monthly invoices stating the amount and due date of regular assessments. ![]() Q: I just learned from the manager on behalf of the HOA that monthly fee/dues statements are a courtesy. Is there a law or ruling that requires HOA management companies to provide a monthly statement to the homeowners? - M.F., Solvang How am I supposed to know if they received my payment (sent by check) and that I do not incur any unknown assessments or late fees? I receive monthly statements for just about anything I have an account with. I find this rather strange as they sent me a letter saying that my monthly dues are due by the first of the month. Q: We recently bought a unit in a small development that does not send out monthly statements. ![]()
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